Shawna Kwan

The value of mortgages in Hong Kong that have exceeded the worth of the homes jumped to the highest level in more than two decades as the city's property market continues to struggle.

Property prices in Asia's major markets are expected to rise over the next year with Hong Kong leading the projected gains, according to Bloomberg Intelligence.

Areas previously popular among foreigners plunged up to 12% Districts favored by Chinese see rents near record high

New World Development Co.’s Chief Executive Officer Eric Ma is expected to step down, people familiar with the matter said, in another dramatic development for the Hong Kong property developer mired in leadership woes.

New World Development Co.’s Chief Executive Officer Eric Ma is expected to step down, people familiar with the matter said, in another dramatic development for the Hong Kong property developer mired in leadership woes.

A Hong Kong court has overturned the government’s conditional approval for building public housing on part of an exclusive golf course that’s popular among elites, local media reported.

In a town-hall meeting on Nov. 29, Hong Kong billionaire Henry Cheng introduced his new pick for Chief Executive Officer to the hundreds of employees gathered virtually, pledging that Echo Huang would help the ailing property developer cut debt and rebuild its residential property pipeline.

In a town-hall meeting on Nov. 29, Hong Kong billionaire Henry Cheng introduced his new pick for Chief Executive Officer to the hundreds of employees gathered virtually, pledging that Echo Huang would help the ailing property developer cut debt and rebuild its residential property pipeline.

Embattled Hong Kong developer New World Development Co. sold an industrial building in the city’s Kowloon area for HK$620 million ($80 million), Sing Tao Daily reported, citing unidentified people.

Hong Kong’s flailing commercial property market is getting a lift from the education sector as the number of Chinese students surges in the city.